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UK Housing Rental’s Close On Resale

Thu 12 Apr 2012

Information agency Experian has reported that the number of rental properties put on the market in 2011 was 692,766.

The figure was up by 58,000 on the year before, while the number of resale properties for sale dropped by 12,000 to 769,077.

Experian additionally states that 20% of all UK rental properties last year were in London, which also had 10% of housing for sale. The South-West had the highest percentage of properties for sale at 12.2%, whilst Wales and the West Midlands had the biggest increase in available letting properties, with a 20% rise in numbers compared to 2010.

Paula Cunningham

Co founder director

Living Property Waveney Lettings & Property Management

http://www.linkedin.com/pub/paula-cunningham/37/6b1/430

If you are thinking of investing in residential property to buy-to-let please contact Living Property on 0845 459 4095 or info@livingproperty.co for more information www.livingproperty.co

Living Property, 12/04/12, www.livingproperty.co

"Living Property at Beccles 5 stars ! I own two properties in the UK. The one in Worcestershire is managed by a national chain and although I am quite satisfied by their service the difference in management skills is vastly different. At Living Property I need only send one email or make one phone call to ask Kim or Paula and their team to sort out the most complex of problems and they do so without delay without having to constantly refer back to me. Unlike my other property there is no waiting to send out a contractor to change locks, clean a carpet or fix a fence. I live abroad with a six hour time difference and my property has been nothing short of a nightmare listing for them from the start. To date they have dealt with a fire resulting in a complete refurbishment, Fire chiefs, insurance agents, contractors of every description plus difficult tenants. All were dealt with professionally and efficiently. I am certain that the "national chain" would have dropped this property from their books by now. Not the team at Living Property. Despite all this they quickly found me a perfect family. I cannot recommend them highly enough. J Taylor "
J Taylor (Landlord)